107 Main St Sherman, NY 14781

Property Details for 107 Main St

Year built

1900

Lot size

0.12 lot acres

Property size

3,192 SF

Property type

Investment properties

Property subtype

Live-work space

APN

066601 328.10-1-26

APU

6660132810126

Description

This exceptional investment opportunity presents a two-story commercial building ideally situated in the vibrant village of Sherman, NY, at 107 E Main St. Boasting a substantial 3,654 square feet on a 0.12-acre lot, this property offers two distinct income streams. The ground floor, previously occupied by a liquor store, features ample space, abundant storage, and excellent lighting, making it highly attractive to a variety of commercial tenants. The layout is well-designed for efficient operation and maximum utilization of space. The upper level comprises a fully updated three-bedroom apartment, complete with a full bathroom, a spacious kitchen, a laundry room, and a comfortable living room. Access to the apartment is provided via three doorways—two from a Main Street entrance and stairway, and one from a rear exterior door leading to a separate stairway at the back of the building. Recent upgrades, facilitated by village grants, include a new awning and enhanced lighting at the Main Street entrance, enhancing both curb appeal and tenant appeal. This property's prime location on a busy village street ensures consistent high visibility and foot traffic, contributing to its strong rental potential. The combination of a well-maintained commercial space and a profitable residential unit makes this a truly compelling investment opportunity, offering a solid return on investment for discerning buyers. Priced at $145,000.

Location Insight

City

Sherman

County

Chautauqua

State

New York

Longitude

-79.5955

Latitude

42.1596

CBSA code

27460

CBSA name

JAMESTOWN-DUNKIRK-FREDONIA, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments